Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Shipping Slows Through Strait of Hormuz After Tanker Attacks

Shipping Slows Through Strait of Hormuz After Tanker Attacks

Yemen's Mocha Port Halts Operations After Houthi Attacks

Yemen's Mocha Port Halts Operations After Houthi Attacks

Automation is Optimizing US Logistics

Automation is Optimizing US Logistics

Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

Subscribe for Maritime Logistics Professional E‑News

Drone incursions cause chaos and fear along NATO's Baltic border with Finland
Deutsche Bahn's DB InfraGO challenges German regulator's rail-capacity ruling
Sinograin, a Chinese soybean company, announces its fourth major auction since July.